More money for Czech roads in 2013 than previous year

Investment in new and existing roads, railways and waterways in the Czech Republic is set to rise in 2013, compared to the sum spent in 2012. The Czech National Transport Infrastructure Fund (SFDI) has a budget of €2.502 billion (CZK64.5 billion) in 2013, compared to almost €2.02 billion (CZK 52bn) invested in 2012. The amount invested last year represented a decline of €349.24 million (CZK 9bn) when compared with 2011. Originally, SFDI planned to invest €2.561 billion (CZK 66 billion) into infrastructure i
April 8, 2013 Read time: 1 min
Investment in new and existing roads, railways and waterways in the Czech Republic is set to rise in 2013, compared to the sum spent in 2012.

The Czech National Transport Infrastructure Fund (SFDI) has a budget of €2.502 billion (CZK64.5 billion) in 2013, compared to almost €2.02 billion (CZK 52bn) invested in 2012.

The amount invested last year represented a decline of €349.24 million (CZK 9bn) when compared with 2011. Originally, SFDI planned to invest €2.561 billion (CZK 66 billion) into infrastructure in 2012. However, due to reported delays in projects, investors could not draw all of the available funding.

SFDI's income in 2012 is said to have amounted to around CZK 63bn, which was mainly generated by the sales of toll and motorway vignettes and also includes 3287 EU funding and consumption taxes. Of the SFDI budget for 2013, CZK 59bn is coming from the state, while the rest is provided by the EIB and OP Transport.

For more information on companies in this article

EU

Related Content

  • Upgrading Poland's roads for UEFA 2012
    May 2, 2012
    Championships in 2012. With plans in place to cohost the UEFA 2012 football championships with the Ukraine, Poland's road infrastructure is undergoing major developments to bring it up to date with the rest of the European Union. And to ensure the completed roads and pavements meet the required quality standards, Cooper Technology of Derby, UK, was awarded a contract to provide asphalt testing equipment to
    Read More
  • Upgrading Poland's roads for UEFA 2012
    February 7, 2012
    POLAND has ambitious plans to construct around 900km of new highways in time for the European Football Championships in 2012. With plans in place to cohost the UEFA 2012 football championships with the Ukraine, Poland's road infrastructure is undergoing major developments to bring it up to date with the rest of the European Union. And to ensure the completed roads and pavements meet the required quality standards, Cooper Technology of Derby, UK, was awarded a contract to provide asphalt testing equipment to
    Read More
  • Upgrading Poland's roads for UEFA 2012
    May 2, 2012
    Championships in 2012. With plans in place to cohost the UEFA 2012 football championships with the Ukraine, Poland's road infrastructure is undergoing major developments to bring it up to date with the rest of the European Union. And to ensure the completed roads and pavements meet the required quality standards, Cooper Technology of Derby, UK, was awarded a contract to provide asphalt testing equipment to
    Read More
  • Chinese investors eye Brazilian work, including federal highway BR-153
    January 14, 2016
    Chinese investors are reported to be negotiating a contract to work on a section of federal highway BR-153 that goes from Anapolis in the Brazilian state of Goias to Palmas,n in Tocantins. The road is part of the Transbrasiliana Highway. The section was originally awarded to Brazilian construction firm Galvao Engenharia in September 2014, but the company never started expansion works.
    Read More

Highlighted Content